Impact of Modelling the Inclusion of Productivity Losses in Economic Analyses of Vaccines for Clostridioides Difficile Infections and Respiratory Syncytial Virus
Author(s)
Mewes JC1, Neri M2, Albuquerque de Almeida F3, Stoychev S4, Minarovic N4, Charos A5, Shea KM4, Steuten L6
1Panaxea, Amsterdam, Netherlands, 2Office of Health Economics, London, UK, 3Pfizer Inc, Porto Salvo, 11, Portugal, 4Pfizer Inc, New York, NY, USA, 5Pfizer ltd, Tadworth, UK, 6Office of Health Economics, London, LON, UK
Presentation Documents
OBJECTIVES: Vaccines tend to accrue a relatively large part of their value through value elements such as patient and carer productivity. Yet, productivity value is not commonly or consistently considered in health economic evaluations of vaccines in several high-income countries, which may lead to an underestimation of their value. To understand the impact of productivity value on the cost-effectiveness of vaccination in the UK, we illustrate the extent to which the incremental costs would change with and without productivity value incorporated.
METHODS: For two vaccines currently under development, one against C. difficile infection (CDI) and one against respiratory syncytial disease (RSV), we estimated their incremental costs with and without productivity value included, and compared the results. In addition, various sensitivity and scenario analyses were performed.
RESULTS: In this analysis reflecting the UK healthcare system perspective, including productivity value for CDI would result in a 62% or £12 (plausible range £1-£191) increase in expected cost-savings for every person vaccinated. For RSV, including productivity value would reduce the expected incremental costs by 58% or £49 (plausible range £10-£280) for every vaccinated person.
CONCLUSIONS: Considering productivity costs in future cost-effectiveness analyses of vaccines for CDI and RSV will contribute to better-informed reimbursement decisions from a societal perspective.
Conference/Value in Health Info
Value in Health, Volume 25, Issue 12S (December 2022)
Code
EE245
Topic
Economic Evaluation, Health Technology Assessment
Topic Subcategory
Cost-comparison, Effectiveness, Utility, Benefit Analysis, Novel & Social Elements of Value, Value Frameworks & Dossier Format, Work & Home Productivity - Indirect Costs
Disease
SDC: Gastrointestinal Disorders, SDC: Respiratory-Related Disorders (Allergy, Asthma, Smoking, Other Respiratory)